The Victorian Chamber of Commerce and Industry’s 2024-25 Federal Budget Submission calls on accelerating investment in business and education, urgent tax reform, clarity on energy security and net-zero, and turbocharging Regional Victoria.

Stamp duty on commercial and industrial property will be phased out in 2024 after the Victorian Government finalised the transition towards a property tax system.

The Asia Pacific Financial and Innovation Symposium (APFIS) will be held in Melbourne this year, combining innovation and expertise to shape the future of the financial industry sector.

The Australian Tax Office (ATO) has launched a new online learning platform to help small businesses enhance their knowledge of tax and superannuation.

The Victorian Chamber’s 2024-25 State Budget submission outlines 44 policy recommendations across four focus areas to steer Victorian business through challenging economic times.  

Ahead of a special webinar with the Victorian Chamber on 24 November, Australian Retirement Trust Chief Economist Brian Parker offers an insight on how current global economic conditions may impact your business and investments.

One of Victoria’s biggest business surveys has revealed the Victorian Chamber is the trusted voice of business at a time of significant challenges and opportunities for business in Victoria.

Every year, the Victorian Chamber plays a crucial role in informing the annual Victorian Government Budget through a public submission – and businesses have a chance to help shape this advocacy.

According to the Reserve Bank of Australia, “any market economy will function much more effectively if the population is knowledgeable, forward-looking and financially literate”.

A new discussion paper launched by the Victorian Opposition encourages people to have their say on Victoria’s tax system – which has introduced 50 new or increased taxes since 2014 and is described as “discouraging investment and job creation in our State”.

The Victorian Government will not proceed with hosting the Commonwealth Games in 2026, advising the Commonwealth Games Federation (CGF) and Commonwealth Games Australia (CGA) that it will be terminating the Host Agreement.

Two incentives to support small and medium businesses to train and upskill employees and improve their digital capacity are set to deliver more than $1.5 billion in tax benefits.

EOFY is the perfect time to review your business performance and set your goals for the coming year. Did you achieve what you planned this financial year? Look ahead to set new goals and re-align your business focus.

As the end of the financial year approaches, it's important for business owners and taxpayers to be aware of the Australian Taxation Office's (ATO) key focus areas this financial year. Understanding these focus areas can help keep you on the right side of the ATO and minimise the risk of audits or penalties.

Treasurer of Victoria Tim Pallas told Victorian Chamber guests that the 2023/24 Victorian Budget was “a really difficult budget” but was confident of the path ahead for business in the State.

The Victorian Chamber of Commerce and Industry welcomes the Victorian Government announcement to replace stamp duty for commercial and industrial properties with an annual property tax.